Core Viewpoint - A trend of Chinese manufacturers establishing factories in the U.S. is emerging, driven by high tariffs and the need for more stable supply chains, as well as the desire to reduce costs and increase competitiveness in the American market [9][32][39]. Group 1: Manufacturing Trends - Chinese manufacturers are increasingly seeking to set up operations in the U.S. to mitigate the impact of tariffs and to adapt to changing market conditions [9][32]. - The "factory within a factory" model is becoming popular, allowing Chinese companies to utilize existing American facilities and resources, thus reducing initial investment costs [14][16]. - Many Chinese manufacturers are transitioning from "Made in China" to "Assembled in USA," which helps in lowering tariffs and improving market access [15][28]. Group 2: Cost Structure - The cost of setting up operations in the U.S. is primarily driven by labor and facility expenses, with average hourly wages for U.S. manufacturing workers being significantly higher than those in China [48][49]. - Simplified assembly lines can be established at low costs, with per-unit costs as low as $10, depending on the product [18][19]. - The use of local resources and labor can help mitigate some of the high costs associated with U.S. manufacturing [16][19]. Group 3: Market Dynamics - U.S. retailers are increasingly interested in sourcing locally to ensure stable supply chains, even if it means paying higher prices [39][41]. - The shift towards local assembly is seen as a way to enhance product competitiveness and to counteract the effects of tariffs [37][39]. - The demand for American-made products is rising, with many U.S. brands preferring to work with local manufacturers to avoid the risks associated with overseas supply chains [39][64]. Group 4: Challenges and Limitations - Despite the potential benefits, challenges such as high labor costs, regulatory complexities, and a lack of skilled labor in the U.S. manufacturing sector remain significant hurdles [52][56]. - The uncertainty surrounding U.S.-China trade relations and the potential for fluctuating tariffs adds to the risk for manufacturers considering U.S. operations [58][61]. - The current manufacturing landscape in the U.S. is still developing, and many Chinese companies face difficulties in scaling their operations effectively [56][68].

Group 1 - The article discusses the challenges faced by U.S. manufacturing companies in achieving 100% "Made in America" products, highlighting a decline in the number of such products over the past year [1][2] - Key components are either too expensive, scarce, or unavailable from domestic suppliers, making it difficult to build a complete supply chain in the U.S. [1] - DECKED, a truck storage box manufacturer, struggles to source the last 5% of components domestically, particularly ball bearings that are competitively priced and available [1] - Rapid Plastic, a small business in New York producing high-end hangers, relies on metal hooks from China due to the closure or relocation of domestic suppliers over the past two decades [1] - Haas Automation, a California-based equipment manufacturer, sources cast iron from China, citing a lack of U.S. manufacturers with sufficient production capacity [1] Group 2 - Haas Automation has reduced production at its California plant and canceled overtime due to tariff impacts, with potential delays in a $500 million new factory in Nevada if tariffs are not lowered [2] - Market research firm NielsenIQ reports a decrease of approximately 2,000 products labeled "Made in America" over the past year, totaling around 100,000 such products [2] - Chenalock, a family-owned business in Philadelphia, produces tools entirely in the U.S. but is concerned that increased demand for metals due to import tariffs may prioritize supply for larger clients like automotive manufacturers [2]

Group 1 - The core viewpoint is that major Taiwanese semiconductor packaging and testing company ASE Technology Holding Co. and panel manufacturer AU Optronics are considering establishing manufacturing facilities in the United States to mitigate the impact of tariffs and enhance their competitive positioning in the market [1][2]. - ASE Technology's CFO indicated that the company is evaluating the opportunity to set up operations in the U.S. to support customer business development, although specific investment timelines and scales are not yet determined [1]. - AU Optronics is reportedly the first Taiwanese panel manufacturer to consider establishing a presence in the U.S., focusing on assembling modules or finished products rather than front-end panel manufacturing [1][2]. Group 2 - ASE Technology's direct shipments to the U.S. account for less than 10% of its electronic manufacturing services, and the company has not observed significant changes in customer order dynamics despite the tariff situation [2]. - The company expects a 9% to 10% quarter-over-quarter increase in revenue for its packaging and testing business in the second quarter, with a projected gross margin increase of 1.4 to 1.8 percentage points [2]. - AU Optronics' revenue from direct and indirect sales to the U.S. is estimated to be around 10% to 15% [3].

观察者网消息，2017年4月29日，美国宾夕法尼亚州的Ames True Temper独轮车工厂。特朗普在那里庆祝了 自己执政百日。 八年后，特朗普再迎百日节点。只是当初那座寄托了他复兴"美国制造"梦想的工厂，已经不在了。 它的生产线迁往了中国。 "这正是美国制造业残酷现实的缩影。"随着特朗普关税引发的混乱愈演愈烈，彭博社4月29日发表长文， 揭示了Ames True Temper工厂令人唏嘘的命运。 文章指出，尽管美国政府一再宣称要"复兴美国制造"，但实际就业增长幅度不大，就业增长远低于整体劳 动人口增长速度，企业外流、自动化替代、审批程序繁琐及基础设施不足等问题更是久拖未决，被特朗普 寄予厚望的关税恐难逆转美国数十年来的产业外迁趋势。 位于宾夕法尼亚州哈里斯堡的Ames工厂拥有近150年生产历史，其工具制造史更可追溯至1774年。该厂曾 为乔治·华盛顿的军队和拉什莫尔山雕刻者提供铁锹，其独轮车助力修建了胡佛水坝。对特朗普而言，这里 显然是宣扬"重振美国工厂就业"计划的绝佳舞台。 2017年，特朗普前往Ames True Temper工厂庆祝上任百日。彭博社 "我们信奉'美国制造'，其回归势头之强劲、质量之 ...

Core Viewpoint - The experiment conducted by Afina's owner revealed that American consumers are unwilling to pay significantly higher prices for "American-made" products compared to "Asian-made" alternatives, despite claims of supporting local manufacturing [1][3][10]. Group 1: Experiment Details - Afina's owner, Ramon van Meer, set up a pricing experiment with two options for the same showerhead: one priced at $129 for "Asian-made" and another at $239 for "American-made," which is nearly double the price [2][5]. - During the experiment, approximately 25,650 American consumers visited the purchase page, with 3,560 adding the "Asian-made" version to their carts and 584 completing the purchase, while the "American-made" version had only 24 add-to-carts and zero purchases [2][5]. Group 2: Economic Context - The experiment's results highlight a disconnect between consumer intentions and actual purchasing behavior, indicating that high prices for American-made goods are not supported by consumer willingness to pay [5][10]. - The owner criticized the current economic conditions in the U.S., stating that inflation has made "American-made" products a luxury that many consumers cannot afford [6][9]. Group 3: Manufacturing Challenges - Van Meer expressed challenges in localizing production, citing issues such as lack of manufacturing capacity and skilled labor in the U.S. [8][9]. - Despite efforts to find alternative manufacturing locations, the reliance on Chinese suppliers for materials remains significant, indicating that the supply chain is still heavily dependent on Asia [8][9]. Group 4: Consumer Sentiment - Feedback from consumers on social media echoed the experiment's findings, with many stating they prioritize lower prices over the origin of products, reinforcing the notion that price sensitivity is a major factor in purchasing decisions [10][11]. - The sentiment reflects a broader skepticism about the feasibility of reviving American manufacturing without substantial investment in infrastructure and workforce development [11].

据悉，英业达选择前往德克萨斯州设厂，主要原因包括邻近墨西哥、当地电力供应较充足等。供应链此前还传出消息称，英业达考虑在德克萨 斯州租用厂房，建置先进服务器后段组装产线，预计最快下半年就可望启用。 4月29日消息，据台媒《经济日报》报道，电子代工大厂英业达也宣布加入了"美国制造"行列。而在此之前，鸿海、广达、纬创、纬颖、仁宝 等台系电子代工大厂均已投入"美国制造"，随着英业达也宣布在德克萨斯州建厂，台系主要电子代工厂当中，仅剩和硕未有宣布在美国布局。 4月28日，英业达董事会批准，拟斥资上限8,500万美元，在美国德克萨斯州设立服务器制造基地。此举有望降低特朗普政府关税战干扰，助力 后续营运。 英业达董事会通过美国投资计划，授权子公司在得州寻觅合适厂房。英业达指出，美国子公司为因应未来全球化策略布局及稳定客户合作关 系，满足客户出货地点需求，同时积极争取开发新客户或市场，并降低美国关税政策波动影响，将于美国得州设立产品制造基地。 代工厂忧心特朗普政府的关税政策，将为营运增添更多不确定性，因此特朗普上任以来，各大代工厂相继部署重兵，前往美国建立制造产能， 鸿海、广达、纬创及旗下服务器代工厂纬颖、仁宝等，陆续赴美投 ...

特朗普政府与印度的双边贸易协议(BTA)谈判正取得实质性进展，这一协议将帮助印度避免特朗普政府 的对等关税威胁。 会议还讨论了印度将于今年晚些时候主办的四方安全对话(Quad)峰会。莫迪表示期待特朗普总统出席该 会议。然而值得注意的是，虽然美方回顾了莫迪总理与特朗普今年2月的"积极成功"会晤，但对于特朗 普提议访问印度一事却保持沉默。 风险提示及免责条款 BTA提供了一个机会，推动一项全新的、现代化的贸易协议，目标是在两国促进就业和民众 福祉，同时以平衡且互利的方式增强双边贸易和供应链整合。根据印度的'阿姆里特时代'与 美国的'黄金时代'愿景，BTA有望为两国的工人、农民和企业家创造新的增长机遇。 这一论调表明，与传统贸易协定不同，印美BTA可能更注重就业保障和国内产业发展，符合特朗普政 府"美国制造"与莫迪政府"印度制造"的双重战略目标。 印美在能源、国防与技术领域合作提速 印方声明指出，莫迪与万斯积极评估了双边合作各领域的进展，同时关注了在能源、国防、战略技术等 领域加强合作的持续努力。 值得注意的是，美国正寻求扩大对印度的国防出口，希望这将有助于弥合其与印度之间的贸易逆差。此 外，关键新兴技术和小型先进 ...

国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 4月21日，据台媒报道，台积电在最新出炉的股东会年报中，披露了旗下海外布局去年损益状 况，其中，美国亚利桑那州新厂去年亏损近143亿元新台币（约32.1亿元人民币），创下台 积电美国工厂成立来最大亏损！ 此外，台积电在日本、欧洲的布局也分别亏损逾43.75亿元新台币及5亿多元新台币）。大陆 事业则大放异彩，台积电南京公司去年大赚259.54亿元新台币。 自台积电宣布进军"美国制造"以来，其美国子公司已连续四年出现亏损，且亏损金额逐年上 升。 报道指出，台积电冲刺"美国制造"，但美国制造"好烧钱"，去年亚利桑那州新厂亏损扩大之 余，今年将迎来第一个完整量产年度，外界关注该厂生产情况是否足以让亏损幅度收敛，或 是因为持续大幅度投资，仍会带来一定亏损。 日本布局方面，台积电年报披露，台积电日本子公司JASM去年亏损43.75亿元新台币，也是 布局日本后最大亏损。相较之下，JASM于2023年亏损29.65亿元新台币，2022年亏损5.93 亿元新台币，合计过去三年累计亏损79.33亿元新台币。欧洲布局合资 ...

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容来自经济日报，谢谢。 台积电（2330）将于6月3日举行股东常会，最新出炉的股东会年报中，旗下海外布局去年损益状 况全都露，其中，美国亚利桑那州新厂去年认列亏损近143亿元，是最烧钱的海外厂区；日本、欧 洲布局也分别亏损逾43亿元及5亿多元；大陆事业则大放异彩，南京厂相关事业去年大赚近260亿 元。 台积电宣布挥军「美国制造」后，2021年、2022年与2023年股东会年报中，已陆续揭露亚利桑那 子公司损益，分别亏损48.1亿元、94.3亿元与109.24亿元，去年则亏损142.98亿元，是美国新厂成 立来最大亏损，换算台积电亚历桑那厂去年第4季开始量产之前，过去四年间已累亏逾394亿元。 外界关注，台积电冲刺美国制造，但美国制造好烧钱，去年亚利桑那州新厂亏损扩大之余，今年将 迎来第一个完整量产年度，生产情况是否足以让亏损幅度收敛，或是因为持续大幅度投资，仍会带 来一定的亏损。 日本布局方面，台积电年报揭露，旗下JASM去年亏损43.75亿元，也是布局日本后最大亏损，相 较之下，JASM于2023年亏损29.65亿元，2022年亏损5.93亿元，合计过去三年 ...

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment plan in Arizona, which may help the company avoid tariffs while facing a legal dispute over alleged "anti-American" labor practices [1][2]. Investment Plan - TSMC plans to invest $100 billion over the next four years to build five factories in Arizona, aligning with the "Made in America" policy and potentially avoiding tariffs of up to 100% [1]. - The company has already invested $65 billion in two factories in Arizona, with $6 billion coming from the CHIPS and Science Act subsidies [1]. Legal Dispute - TSMC is facing a lawsuit that accuses the company of discrimination against non-East Asian employees and other misconduct, set to be heard in federal court next month [1][2]. - The lawsuit has expanded to nearly 30 plaintiffs, including individuals from various ethnic backgrounds, alleging a hostile work environment and discriminatory practices [3]. Company Response - TSMC denies the allegations, stating that the claims are false and could undermine its efforts to produce advanced chips in the U.S. [2][6]. - The company claims that the majority of its employees in Arizona are American, with a total workforce nearing 3,000 [3]. Court Proceedings - A recent motion by the plaintiffs sought to introduce new allegations, including unsafe chemical handling, which TSMC has requested to be sealed from public records [4][5]. - The court partially approved TSMC's motion to seal certain allegations while noting other complaints regarding the treatment of non-East Asian employees [6][7].